What Does Warren Buffett See in General Electric? [View article]
Warren buffet didn't invest directly into the common stock. I think it would still be a decent investment if he get the 10% coupon indefinitely of the preferred stock.
I like the 4 year ge bonds around 7% and will hold to maturity. I am hoping Warren is right in that they won't go bankrupt in which his preferred stock is then worthless.
What Does Warren Buffett See in General Electric? [View article]
I like the 4 year ge bonds around 7% and will hold to maturity. I am hoping Warren is right in that they won't go bankrupt in which his preferred stock is then worthless.